AMZN Options History — December 2025

In December 2025, AMZN traded between $222.02 and $234.76. ATM implied volatility averaged 26.5%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.8% (HV 20d: 22.7%). Max pain ranged from $210.00 to $215.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2025-12-04: Highest Volume — 695,309 contracts
  • 2025-12-08: Largest IV spike — 8.3% change
  • 2025-12-01: Highest IV Rank — 15.3%
  • 2025-12-01: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$229.46$222.02$234.76$234.28$231.09
Max Pain$212.50$210.00$215.00$210.00$215.00
ATM IV26.5%23.6%29.6%29.6%25.2%
Expected Move7.7%6.8%9.0%9.0%7.0%
HV 20d22.7%17.3%29.4%29.4%17.3%
HV 60d32.7%32.2%33.8%33.8%32.3%
IV Rank8.1%1.4%15.3%15.3%4.9%
IV Percentile20.2%2.8%40.1%40.1%11.5%
Term Structure1.8%-0.3%10.1%0.5%9.7%
VWIV27.1%23.7%31.9%31.9%24.2%
Skew 25d2.0%1.1%2.9%2.0%2.2%
Skew 10d4.2%2.5%6.3%4.4%4.3%
Call IV 25d25.7%22.9%28.8%28.8%24.0%
Put IV 25d27.7%24.6%30.9%30.9%26.2%
Bid-Ask Spread %3.482.4214.622.982.49
Gamma HHI0.080.050.160.070.08
Net GEX643.7M228.7M1.13B795.6M565.0M
Net DEX-15.07B-20.03B-9.63B-19.65B-14.39B
Net VEX-141.1M-144.8M-135.1M-144.7M-140.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.250.550.330.39
Total Volume459,591.545239,085695,309499,136318,140
Total OI4,674,903.4554,139,7765,113,7854,616,4284,262,713

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$234.28$210.0029.6%9.0%29.4%15.3%31.9%2.0%0.5%795.6M-19.65B-144.7M0.332.98N/AN/A375,887123,2492,716,7051,899,723
2025-12-02$234.76$215.0029.1%8.9%26.3%14.3%31.3%2.5%0.5%878.7M-20.03B-144.8M0.252.63N/AN/A507,550125,6782,789,7801,938,327
2025-12-03$232.64$215.0028.0%8.5%25.7%11.5%29.9%1.9%0.8%767.4M-17.96B-142.4M0.382.42N/AN/A294,309110,7092,845,0421,965,602
2025-12-04$228.61$210.0028.2%8.4%26.2%12.1%30.0%1.7%0.7%478.4M-14.37B-143.2M0.332.84N/AN/A522,994172,3152,891,8681,999,372
2025-12-05$229.13$210.0026.6%8.0%25.7%8.3%28.4%1.1%1.0%664.7M-15.13B-143.3M0.432.78N/AN/A362,725154,2882,972,7302,037,584
2025-12-08$226.85$210.0028.8%8.4%25.7%13.5%29.4%1.7%0.4%447.7M-13.51B-142.2M0.362.70N/AN/A263,80095,9672,776,5461,974,491
2025-12-09$228.00$210.0027.5%8.1%24.7%10.3%28.4%1.8%0.5%542.4M-14.34B-141.3M0.462.80N/AN/A222,483101,5342,831,3951,997,122
2025-12-10$232.17$210.0027.5%8.0%26.0%10.3%28.1%1.7%0.5%837.3M-17.93B-142.6M0.382.53N/AN/A378,074142,6322,854,0942,019,108
2025-12-11$229.43$210.0027.1%7.9%25.7%9.5%27.8%1.4%0.8%619.2M-15.27B-140.8M0.452.58N/AN/A288,641130,4122,887,8972,031,391
2025-12-12$226.05$210.0027.3%8.0%24.8%9.8%27.8%2.3%0.7%263.8M-12.27B-138.8M0.442.90N/AN/A403,253176,7012,920,6772,046,637
2025-12-15$222.39$210.0027.2%7.8%24.8%9.8%27.4%2.4%-0.1%228.7M-9.63B-135.3M0.552.64N/AN/A329,066179,9902,802,2922,000,081
2025-12-16$223.01$210.0026.2%7.5%24.6%7.3%26.2%2.4%0.0%261.6M-10.44B-135.1M0.362.71N/AN/A286,640103,6532,860,0772,023,848
2025-12-17$222.02$210.0028.0%8.0%20.7%11.5%27.7%2.9%-0.3%239.8M-9.80B-136.4M0.403.18N/AN/A338,474136,4102,885,2782,033,129
2025-12-18$227.16$215.0026.5%7.6%22.1%8.0%26.6%2.7%0.0%620.7M-14.59B-141.7M0.473.15N/AN/A463,311216,7962,970,0082,057,903
2025-12-19$229.03$215.0025.1%7.2%20.5%4.8%25.6%2.1%0.1%954.9M-16.71B-143.5M0.4014.62N/AN/A487,472194,2353,039,0792,074,706
2025-12-22$229.41$215.0024.6%7.1%19.9%3.7%25.1%1.9%1.0%637.7M-14.08B-140.7M0.444.62N/AN/A283,555123,4642,407,3421,732,434
2025-12-23$232.20$215.0024.5%7.0%18.4%3.3%24.7%2.1%0.9%939.2M-16.77B-143.3M0.412.60N/AN/A416,236172,2472,481,6471,770,576
2025-12-24$232.72$215.0023.6%6.8%18.0%1.4%24.0%2.0%0.9%978.3M-16.92B-142.9M0.452.59N/AN/A165,30073,7852,508,1051,809,228
2025-12-26$232.82$215.0023.7%6.8%18.0%1.4%23.9%1.7%1.0%1.13B-17.06B-141.8M0.434.75N/AN/A234,362101,1862,533,1791,820,316
2025-12-29$232.26$215.0024.5%6.8%17.7%3.3%23.7%1.9%9.6%651.8M-15.46B-139.7M0.443.00N/AN/A183,48180,0502,397,5871,764,768
2025-12-30$232.11$215.0024.4%6.8%17.3%3.2%23.7%2.0%10.1%655.4M-15.17B-140.1M0.533.05N/AN/A176,08993,8712,427,2211,790,268
2025-12-31$231.09$215.0025.2%7.0%17.3%4.9%24.2%2.2%9.7%565.0M-14.39B-140.2M0.392.49N/AN/A228,13290,0082,450,0551,812,658